McKinley Mortgage Officials to Pay $3 Million in Fines after ‘Bilking’ Retail Investors
Anchorage Daily News (Alaska), Mar. 27, 2018–Alex DeMarban
The missteps largely involve McKinley Mortgage in Redding, Calif., and an investment fund it manages, according to the U.S. Securities and Exchange Commission. But the problems extend to McKinley Mortgage in Anchorage and the man who founded the company in Alaska in 1989, Tobias Preston, 55, a former fisherman from Homer who is president of both companies.
